MANNHEIM: The European Central Bank has announced asset-backed security and covering of bond purchase programmes in start of the last month.
Financial experts were of the view that this announcement could have a positive effect on growth and inflation rate. “We could say that we see some potential for a slight positive effect on growth and inflation,” they said.
Moreover, a think tank ZEW said that its monthly survey showed that the traders and investors were appreciating the policies which could improve growth and inflation too.
